Nobelman v. American Savings Bank

Nobelman v. American Savings Bank

Argued April 19, 1993
Decided June 1, 1993
Full case name Leonard Nobelman, et ux., Petitioners v. American Savings Bank, et al.
Citations

508 U.S. 324 (more)

113 S. Ct. 2106; 124 L. Ed. 2d 228; 1993 U.S. LEXIS 3745; 61 U.S.L.W. 4531; Bankr. L. Rep. (CCH) P75,253A; 28 Collier Bankr. Cas. 2d (MB) 977; 24 Bankr. Ct. Dec. 479; 93 Cal. Daily Op. Service 3927; 7 Fla. L. Weekly Fed. S 339
Court membership
Case opinions
Majority Thomas, joined by unanimous
Concurrence Stevens

Nobelman v. American Savings Bank, 508 U.S. 324 (1993), was a United States Supreme Court case in which the Court disallowed cram-downs (the involuntary imposition by a court of a reorganization plan over the objections of creditors in a bankruptcy proceeding) for primary residences. Michael J. Schroeder argued on behalf of the mortgage creditor, American Savings Bank.

External links


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